2012-09-26
2012-10-04
x europe
x israel
x spain

STATION
CNN 5
CNNW 5
CSPAN 4
KQED (PBS) 3
CNBC 2
KRCB (PBS) 2
WETA 2
WMPT (PBS) 2
KQEH (KQED Plus) 1
LANGUAGE
English 30

Set Clip Length:


. if you don't believe me, look at the numbers that just came out in the growth of our economy. 1.3% verses russia at 4%. china at 7% to 8%. we're at 1.3%. this is unacceptable. it is not working. i know what it takes to get us working. he's put us on a road to europe. europe doesn't work in europe. i want to get us back to being america where people come here, build enterprises here. we fulfill american dreams. we keep the hope alive in america. [ cheers and applause ] and this matters. you know this matters. this counts. it counts for the 23 million people struggling to get a job, getting a better job today. it counts for the young peoe. today we wonder whether that's true. the majority of americans don't think that's the case. this matters. there's one more sense in which it matters. that's what i began with, and that is our military capability. our ability to defend our liberty and the liberty of our friends around the world, with whom we trade and with whom we trade and whose prosperity depends on our trade. i was in poland and got the chance to meet a hero. i came in and he said, mr.

hunt at the u.n.. martha: take a look at the u.s. economy this morning. there is a new report that has some not very good news on this. families are seeing a lot less money in their paychecks according to this new report. it finds the median household income fell by 1.1% to under $51,000 last month. you take a look at the chart on this since 2009 and it is not a pretty picture. it is a significant drop since the president came into office. stuart varney joins me now. he is the host of "varney & company" on the fox business network. stuart, good morning. that's a tough chart. >> yes, it is a tough chart. it paints a picture of real distress in middle america. buying power down, our standard of living falling and hardship, hardship right there in the middle of america is actually give gettingous. -- getting worse. let me give you key number. from the start of the obama administration the median household income in america has fallen, repeat, fallen, down around $4,000. we've not seen this kind of decline over a long period of time, three, four years, we have not seen this before. if you

the fallout of the crisis threatens the u.s. economy on your 401k. amy kellogg joins us from london with more. >> reporter: it affects your 401k was the markets of course are corelated and the markets in europe are down. also the s&p derives a significance portion of its earnings from european then american companies have operations overseas that make money in europe, therefore if the economy here is in a bad way that hurts americans. there was this big strike in greece today that got violent when some black-hooded anarchists kind of took advantage of the situation, throwing gasoline bombs at police. they used a general strike and march as a vehicle to just rage against authority. over 50,000 people came out. they are processing the further cuts that are coming their way . many in greece are generally desperate now having seen their salaries drop by more than 20% already since austerity became a way of life in greece. social safety networks are not able to save people. one person at the demonstration was quoted as saying, we are bleeding, we can't take it any more. the new conservative-led co

. that's what's happening now, coming to grips with their economy is going to be horrendous for a long time. >> thank you very much. i'm sure we'll check back with you later this morning. >>> we have to go? really? we do? all right. coming up, this football stuff. >> we'll get into some of this. >> today's national weather forecast. in sports, another team clinches a major league baseball playoff spot. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's ha

drafting spending cuts to date are around $50 billion. it is europe's largest -- fourth largest economy. gavin hewitt has more from madrid. >> lines of police outside the education ministry in madrid tonight. teachers protested here against cuts. they came onto the street at the government's announced the most severe round of budget savings so far. these latest austerity measures are widely seen as paving the way for a full-scale bailout. >> [spending -- speaking spanish] >> the minister of finance said he heard 2012 would be the last year the economy would shrink. another minister described it as a crisis budget designed to exit the crisis. this austerity budget aims to find savings of 40 billion joerres next year. each government department would how to make cuts of 90%. public-sector pay will be frozen for another year, and the retirement age is set to rise. >> just a few weeks ago, europe believed it had achieved a breakthrough. the european central bank said it would help come -- countries like spain by buying their bonds and reducing their borrowing costs. but there was a catch, s

. we have one set of the economy functioning at a level where the competition is on the wrong level. it needs to be on the level of performance and outcomes. patience if i hear all the time are increasingly frustrated, even distrustful of the health care system. they have limited options and they turn to there're insurance companies and they feel like they are appealing a cell phone bill. they cannot get through. doctors are also frustrated with health care system. we have a system where 46% of doctors say they are burned out, according to a mayo clinic study of the two months ago. when doctors say they are burned out, the performance will not be as good. host: dr. makary, when it comes to accountability, i want to go back to canada to talk about his insurance bills that he received, -- back to kenneth who talked about the insurance bills that he received, etc., should there be a priceless? -- price list? guest: you should be able to find out the average cost of something even before you have paid for it. the medical center at my home town hospital said you could have a heart operat

in adopting measures to react to the international economy. that is why the mexican chairmanship decided to work hard to build a much broader consensus. we brought to the process the largest number of countries possible and listen to all the sectors we could, to the unions, to businessmen, to specific organizations, to young people as we brought all of their proposals to the pleary of the g-20. we had many administrative meetings. we have managed to bring divergent positions closer together. this was crucial to insure that the g-20 that we held in los cabos would seek -- would achieve the significant progress. months prior to this, there was a doubt as that -- as to the viability of the euro as a single currency for european countries. at the meeting, we endorsed with the support of the rest of the group, we endorsed a robust commitment not only to the bureau as a monetary unit but also to financial, physical, and political unity of europe zone. zone we brought in commitments from the international financial community. and also the international monetary fund. among the most significant

down by ten percentage points, president obama ahead on the economy, 6 in 10 voters, nearly 6 in 10, that is, said mitt romney's policies would favor the rich and mitt romney doesn't care about people like them. president obama's driving that message, going after mitt romney's predictions that he'll be tough on china saying that if you look at romney's record at bain capital, all that talk is fake. >> when you hear this newfound outrage, when you see these ads, these running problems seem to get tough on china, it seems a lot like that fox saying we need more secure chicken coops. i mean, it's just not credible. >> and larry, you can hear the confidence in president obama's voice because not only in ohio is he ahead, but in all of the major swing states president obama's got a lead right now. mitt romney's got to find a way to turn that around, turn it around in the debates, and maybe the tax cut issue that you're talking about will be one tool in that arsenal. back to you, larry. >> many thanks to john harwood. now for some reason on the trail today, mitt romney said he's going to

help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. >>> our second story "outfront," mitt romney and president clinton

. >> they are the ones who own the businesses and they are the ones who are putting the money back in the economy and providing the jobs so i believe you know that would be a better plan for us. >> woodruff: 24-year-old athletic trainer sarah abrams also voted for mr. obama. but this time around, she says she's undecided. >> i'm not sure yet. i'm still like you know like watching and basically researching so i'll make my decision soon. >> woodruff: o.s.u. senior krystina hollowell says she identifies with the republican party, but has more liberal views on social issues than candidate mitt romney. do you know how you are going to vote yet? >> no, to be honest, i really don't. i'm more of i like lean towards republican but then socially i'm romney is like very against like abortions and like birth control and that type of stuff for like women and same with like gay marriages. i'm more towards like obama's plan. >> woodruff: in fact, peter levine, director of the center for information and research on civic learning and engagement at tufts university says one set of issues that could hurt romney wi

for india-pakistan relations. it was not such a lousy year for elements of the pakistani economy. we focus on the most dynamic elements. they are not necessarily those that we use as partners after 2008. the most dynamic partners are business people, the media, and it is uneven, but some of the people in the universities. the women's groups, the ngo's. i am not trying to talk about this rosy, friendly, civil society, in a sense that those of us looked to civil society. it is infinitely more complex and more typical than the eurocentric notions would have it. but this is a part of pakistan, where if you talk to the pakistan is, who are furious with the united states -- if you talk to the pakistanis, we want the opportunity, and we want that kind of social link. it would help to build ties with the united states, and put a lot more of our concentration into society where the face of society is the face of your neighbor, the engineer who works in a ditch, the face of a student, the face of your child who has come to america, etc.. our focus on what pakistan is. i am not sure that is going to

many terms of iran too, but here's another man who could be talking about the economy and people who really need help. after all, don't forget that after the revolution, tahrir square where people in egypt really rose up and wanted to change during the arab spring, what happened? at this point they have an economy that's in very bad shape. they need help. there was a very big delegation from the united states of gigantic companies that went trying to drum up investment in egypt, and so their problem too is giving jobs to the people in egypt and making these revolutions pay off. >> we played a little of what ahmadinejad said to the united nations earlier today. this is a common theme that he uses over and over, and he essentially talks about blaming everybody else for iran's problems. >> i do not believe that muslims, christian, jews, hindus, buddhists, and others have any problems among themselves. or are hostile against each other or live together in an atmosphere of peace. they are all devoted to the kaz of justice, purity, and law. the biz malsituation of the world and the situati

, and the stability of the global economy. it risks triggering a nuclear- arms race in the region, and the unraveling of the non- proliferation treaty. that's why a coalition of countries is holding the iranian government accountable. and that's why the united states will do what we must to prevent iran from obtaining a nuclear weapon. we know from painful experience that the path to security and prosperity does not lie outside the boundaries of international law and respect for human rights. that's why this institution was established from the rubble of conflict. that is why liberty triumphed over tyranny in the cold war. and that is the lesson of the last two decades as well. history shows that peace and progress come to those who make the right choices. nations in every part of the world have traveled this difficult path. europe, the bloodiest battlefield of the 20th century, is united, free and at peace. from brazil to south africa, from turkey to south korea, from india to indonesia, people of different races, religions, and traditions have lifted millions out of poverty, while respecting the ri

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and the economy. if you can't get it right it's time to get out. >> all right. well, other than that, if we all agree, what is the hold-up? mitch albom is "outfront" tonight. he's author of "the time keeper." number one fiction on "the new york times" best-seller list. mitch, great to see you. it's obviously been reported two sides are meeting today. what are the odds that this is going to get settled? >> not so great. they are actually still pretty far apart. you would wonder why a league that makes $9 billion in revenue is worried about maybe about $10 million apart on a package for the referees, but it's a bit of a power struggle going on and those on the inside say even with all this controversy and these terrible -- it wasn't just that one, it was a whole weekend's worth of bad plays, it still may not be settled any time immediately. >> let's go through some of the sticking points, just because i found it so ironic that you have governors who don't like unions saying bring back the union refs. there was a lot of irony in it. i know the league wants to do away with the pension plan, replace

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